Search results for BMO
Crypto
U.S. investors can buy options on Canadian XRP ETFs, expanding regulated derivatives
Options on XRP exchange-traded funds listed in Canada have been registered for sale to U.S. investors, expanding access to regulated XRP-linked derivatives. The Canadian Derivatives Clearing Corporation registered options based on the Evolve XRP ETF and Purpose XRP ETF under the Form S-20 framework. The filing does not mean the options are directly listed on a U.S. exchange. The framework already covers options tied to bitcoin, ether and solana ETFs.
Crypto
Canada\'s Bank of Montreal confirms XRP exposure through ETF holdings
Canada\'s second-largest bank, Bank of Montreal, has added XRP-linked products to its portfolio, according to a U.S. SEC filing. A quarterly 13F-HR report showed it held shares in the REX Osprey XRP ETF and the ProShares Ultra XRP ETF as of end-June 2026. The report also points to similar moves by other Canadian banks and shifting institutional holders, though 13F data can lag by 45 days.
Crypto
Alpaca raises $135 million to expand tokenisation and AI financial infrastructure
Alpaca has raised $135 million to expand the tokenised asset market and AI-based financial services, and secured up to $300 million in debt financing. Cointelegraph reported on July 16 that the funding round was led by Peak XV, while Kraken parent Payward and BMO participated in the debt financing. Alpaca plans to use the funds to expand its agent-first brokerage and API-first prime brokerage infrastructure.
